Diamond miners likely to cut prices further in 2016 to lift demand — Moody’s
The rating and research agency expects producers to have to deepen cut prices as supply and demand challenges continue into the new year.
Latest Stories
Ian Ball: Above average capital allocation yields above average results in mining
an Ball brings us Abitibi Royalty Search, an online platform where mining companies in need of financing can easily submit geological data on their projects for consideration.
Millrock makes a bold move into B.C.’s Golden Triangle
This morning, the company announced it has picked up three large exploration projects in the Golden Triangle region of northwestern British Columbia.
Stock sell-off puts mining sector’s future in question
Ultimately the widespread selling is evidence of investors’ revulsion for a sector that has struggled with falling prices for four years and has demonstrated no clear schedule for a recovery.
Austria says it has repatriated 15 tonnes of gold from London
Austria has repatriated 15 tonnes of its gold reserves as part of a plan to hold half its stock of the precious metal within the country's borders.
Falling Chinese steel demand means more bad news for iron ore
The pain for iron ore producers is not expected to let up anytime soon, as numbers out of China indicate that steel demand is dropping.
Bloom Lake finds a buyer in Champion Iron
Nearly a year after going bust, the troubled Bloom Lake Mine in Eastern Canada has a new owner.
Nazi gold train rumours to be determined true or not in ‘matter of days’
Experts from Krakow University of Science and Technology are almost ready to release their findings.
Some think not too soon for Anglo obituary
Anglo-American perceived as "the most likely of the diversified mining majors to go bust" even if it "goes down fighting".
